I'm looking at vegas, phoenix, socal or miami. I won't be living in it until probably 10 years from now. currently i just want to profit off of rent and market appreciation.

any suggestion?

 

north dakota



with all the oil money a typical 2 bedroom apartment is goin for over 800 bux a month



i know guy who bought a house up there for 200k , lives there for 6 months of the year for work then when it snows goes to his other house in texas and for those 6 months he doesnt live there, he is able to make enough money renting it out to pay the mortgage for the rest of the year





so basically he has a free house

 

Unless you have spotless credit with a 700+ score and a minimum of 20-25% down payment, good luck getting a bank to give you a mortgage for an investment property or condo anywhere in Florida.